A PhD is the highest academic degree available and requires many years of study. Earning a PhD typically comes after earning a master's degree and goes into greater detail about the chosen subject. It is common for this degree to take between four and six years to earn.
What is a PhD in Economic Development? As a PhD, it is a more focused study of economic development than the master's that precedes it. Some areas of focus include brand development, leadership, sustainability, and pricing strategies. Marketing and management are common course topics within this degree, and a student in this program is expected to already have a firm grasp of mathematics and certain economic systems.
One benefit of a PhD in Economic Development is the ability to pursue independent research. There is also possible advancement in position or salary associated with acquiring this higher degree.
Each university prices its degree programs a bit differently, but if you are moving to attend your chosen school, you may need to factor in moving and housing costs. Find out in advance what sort of fees and book prices to expect so you can budget accordingly.
A graduate with a PhD in Economic Development can pursue a career in academia, research or business. Companies in need of someone to analyze and edit marketing strategies are likely to seek someone with this degree. Graduates who can adapt to new technology may find themselves working to rebuild brand and valuation models in growing businesses. One area where new technology is being explored is artificial intelligence and how it can advise decision-making.
Once you have decided to pursue a PhD in Economic Development, you will need to find a school that offers this degree. Search for your program below and contact directly the admission office of the school of your choice by filling in the lead form.
The PhD in Development Economics is a research degree offered by the Department of Economics, and is also part of the PhD pathway, 'International Development', within the Bloomsbury Doctoral Training Partnership. The latter forms one of the few Centres recognized by the UK's Economic and Social Research Council (ESRC), thereby receiving financial support, and especially individual grants, for MSc and PhD students. This PhD pathway is open to applicants whether or not eligible for, or in receipt of, ESRC funding, with ESRC-funded students expected to form a small minority overall. Successful applicants to the MPhil/PhD in Development Economics will normally have a good Master's degree in a relevant subject if entering directly into the MPhil/PhD pathway although each applicant is assessed on merits including work and other experience. [+]
Duration: 3 years full time or 6 years part-time
Entry Requirements: Admission and Thesis Requirements. A good Masters degree in Economics is usually required for registration for the MPhil and PhD research degrees. Students are normally registered for the MPhil degree in the first instance. Once approval of the Student's Supervisory Committee has been received, the student's registration is upgraded to PhD status (and backdated to the commencement of the MPhil registration), usually at the end of the first year of study. The normal period of study for a PhD degree is not less than three years of full-time study. Students if full-time employment or with other significant commitments may register for part-time study, for which the minimum registration period is double that of full-time study. Candidates are expected to present a thesis of no more than 55,000 words for the MPhil, while for the PhD the maximum length is 100,000 words.... [-]
It is supposed that the graduate masters the theoretical foundations of the study area, the basic methods of scientific work in the field of study and the basic forms of permanent collection of worldwide knowledge in the field of study for lifelong learning. Graduates are supposed to be able to design descriptive and normative economic models of economic processes at the macro and microeconomic level and collect relevant documents needed for their formalization. Furthermore, the ability of generalization of scientific knowledge into the form of economic laws is assumed together with their application in the interpretation of specific economic tasks to promote sustainable development. [+]
The form of study: full-time or distance
Length of study: 4 years (8 semesters)
Entrance examination: is led by a committee nominated by the scientific board of the relevant study program and assigned by the dean of the faculty. The entrance examination consists of a scientific discussion, oral interview verifying the knowledge of English and a second foreign language of global use and the transcript of records from previous university studies.Profile of the graduate
It is supposed that the graduate masters the theoretical foundations of the study area, the basic methods of scientific work in the field of study and the basic forms of permanent collection of worldwide knowledge in the field of study for lifelong learning. Graduates are supposed to be able to design descriptive and normative economic models of economic processes at the macro and microeconomic level and collect relevant documents needed for their formalization. Furthermore, the ability of generalization of scientific knowledge into the form of economic laws is assumed together with their application in the interpretation of specific economic tasks to promote sustainable development. Graduates should be able to independently work on solutions for serious economic problems, including environmental protection at sectoral and company level within the agrarian sector as an integral part of the national economy. Graduates should manage alternative approaches for solving economic problems on both the business and corporate level and be capable of supporting interdisciplinary synthesis supporting the optimization of economic actions and processes towards sustainable development.... [-]